END 421E • Midterm • Production Planning and Control

Forecasting

Error in Forecasts

Mean Absolute Deviation (MAD)

Mean Squared Error (MSE)

Mean Absolute Percentage Error (MAPE)

Example

Components of the Data

Moving Averages Method

Moving Averages Example

Exponential Smoothing Method

Exponential Smoothing Example

Regression Analysis

Regression Analysis Example

Seasonal Data with No Trend

Example

Seasonal Decomposition using Moving Averages

Example

Economic Order Quantity

Cost Components

Example 1

Example 2

Lead Time

Example 3

Economic Production Quantity

Example 1

Example 2

Reorder Point

Constant Demand & Constant Lead Time

Example 1

Constant Demand & Variable Lead Time

Example 2

Variable Demand & Constant Lead Time

Example 3

Variable Demand & Variable Lead Time

Example 4

Introduction

Chase Strategy

Example 1

Example 2

Level Strategy

Example 3

Linear Programming Solution

Example 4

What is MPS?

Example 1

Table Update and Examples

Order Promising

Example 2

Example 3

Order Promising Table Update

Example 4

Example 5

Arrival of New Orders

Example 6

Forecasting 1

Forecasting 2

Forecasting 3

Forecasting 4

Forecasting 5

EOQ 1

EOQ 2

EOQ 3

EOQ 4

Basic EOQ + Lead Time 2

EPQ 1

EPQ 2

EPQ 3

EPQ 4

Order Timing Decisions 1

Order Timing Decisions 2

Sales and Operations Planning 1

Sales and Operations Planning 2

Sales and Operations Planning 3

Sales and Operations Planning 4

Sales and Operations Planning 5

Master Production Schedule 1

Master Production Schedule 2

Master Production Schedule 3